132 installments • 81%
My name is evans Baya a resident of mtwapa and a businessman in mtwapa as well. Am the second born in my family in a family of four children, mum and dad. I live here in mtwapa while my family lives in the village in chonyi area Kilifi county. I went up to secondary school having completed my form four. after school i could not get the chance of joining to any college due to my family's poor financial status. I had to turn into business. My first business was selling of coconuts. I used to search for the coconuts inthe farms and sell to the market. This was a good business but seasonal. So i
decided to look for another alternative. I then started a green grocer which has been doing better and very helpful to me. From the income i get from this business i buy food for my family, help pay school fees to my young siblings, pay my own house rent and other essencial.
i have now begun dairy farming with two in calf heifers which am sure God willing will be due from october this year. this will give me a chance to settle my loan on time as the proceeds from the sale of milk will be in plenty since the cows have a capacity of 20litres per day and the cost of milk is 50bob per litre. on average apart from the business my milk will be giving me a minimum of 4000/= shillings per day. in adition to that my fruits and cerial business is gaining roots and its becoming more profitable so i can see my loan will not be a big problem solving....
hi , since the festive season is here again its going to be booming as more sales are expected as because the xmass and new year season is always a busy shopping season for most people and it will be climaxed in january where students will be going back to school. i intend to get enough stock that will run the season through to january.also i wish to repair some part of my business premises so as to be more stable as we have the short rains again with us so it will be raining though not so heavily but one needs to be ready. also i wish to renew my trade licence so as to prepare for next year..
Oct 30, 2014
Cost to entrepreneur
Lender interest: $206.36 at 11.14% annual rate over 8 months = $16.55
Service fee: $5.43